RBC issued an Equity Research Report today on Demand Media, Inc., the day after Demand Media, Inc, reported its second quarter earnings. Demand Media announced during the earnings report and the earnings call that followed that Google's Search algorithm continues to impact Demand's owned and operated site traffic negatively and to a greater extent than captured in estimates. Shares of … [Read more...]
Demand Media Reports: Revenue Up 9%; Registrar Revenue Up 4% Without Name.com + 10% With
Demand Media, Inc. (DMD),reported financial results for the second quarter ended June 30, 2013. Q2 2013 Financial Summary: Content & Media revenue ex-TAC grew 9% year-over-year. This was driven primarily by 15% Owned & Operated revenue growth, which slowed sequentially from 26% year-over-year growth in Q1 2013, due primarily to traffic declines from lower search engine … [Read more...]
Marchex Up Over 20% to New 52 Week High
After reporting earnings last night Marchex (MCHX) is up just over 20% in trading today to a 52 week high of $7.30 a share. Marchex has now more than doubled off its 52 week low of $3.06 a share. At $7 a share the company has a Market Cap of $270 Million dollars. At its lows of the year, Marchex was trading at or below the acquisition cost of Yun Yee's Portfolio. The company received … [Read more...]
AOL Buys Adap.tv For $405 Million
We have agreed to acquire Adap.tv for $405 MM, here is what Adap.tv brings AOL: The only complete global programmatic video stack for publishers and advertisers across all screens; A unified yield management platform for advertisers and publishers for planning, targeting, ad-serving and measurement; One of the fastest growing platforms on the internet, with global revenue … [Read more...]
Marchex Details Spin Off Archeo Business: Buying & Selling & Developing Domains; 200,000 Of Them
The Marchex earnings call yesterday reveal some interesting facts about Archeo the business that Marchex is looking to spin off to a separate public company later this year. It appears Archeo is set to become the first publicly traded company whose only business is one of being a domainer: "I'd like to highlight that we're narrowing Archeo's focus on the buying and selling of domains, along … [Read more...]
Marchex’s Archeo Sells 70 Domains For $1.3 Million & Spinoff Is Set For 4th Q
Marchex, Inc. (MCHX), a leader in mobile performance advertising, today announced its financial results for the second quarter ended June 30, 2013. Q2 2013 Financial Highlights: Revenue was $39.0 million for the second quarter of 2013, compared to $34.0 million for the same period in 2012. to $4.6 million for the same period in 2012. Marchex Q2 and … [Read more...]
Neustar Reports: Revenue Up 7% Net Income Up 12% and has $381 Million In The Bank
Neustar, Inc. (NSR), the backend provider for the ccTLD's .US, .CO, the TLD of .biz and hundreds of new gTLD's today announced results for the quarter ended June 30, 2013 and updated its guidance for 2013. Results for Second Quarter 2013 Compared to Second Quarter 2012 Revenue increased 7% to $220.4 million Non-NPAC revenue increased 7% to $111.0 million Net income increased 12% to … [Read more...]